CRT(SH:600125)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 reached CNY 3,723,202,867.68, an increase of 28.14% compared to the same period last year[2]. - The net profit attributable to shareholders was CNY 135,224,365.63, a slight decrease of 0.65% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was CNY 132,677,928.36, reflecting a year-on-year increase of 7.37%[2]. - Total operating revenue for the first nine months of 2023 reached CNY 10,653,253,571.45, an increase of 14.8% compared to CNY 9,208,853,136.79 in the same period of 2022[12]. - Net profit for the first nine months of 2023 was CNY 457,293,000.00, representing an increase of 15.4% from CNY 395,980,144.55 in the previous year[12]. - The net profit attributable to shareholders of the parent company for Q3 2023 was ¥455,446,183.78, an increase of 16.7% compared to ¥389,984,017.15 in Q3 2022[13]. - The total comprehensive income for Q3 2023 was ¥457,461,218.34, up from ¥395,751,898.92 in the same period last year, reflecting a growth of 15.6%[13]. - Basic earnings per share for Q3 2023 increased to ¥0.349 from ¥0.299, representing a rise of 16.7%[13]. Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 9,789,973,744.74, up 4.02% from the end of the previous year[2]. - The company's total assets as of September 30, 2023, amounted to CNY 9,789,973,744.74, compared to CNY 9,411,968,689.47 at the end of 2022, indicating a growth of 4.0%[9]. - The total liabilities as of September 30, 2023, were CNY 2,743,992,271.76, compared to CNY 2,717,963,570.60 at the end of 2022, showing a slight increase of 1.0%[9]. Cash Flow - The company's cash flow from operating activities showed a significant decline of 85.26% year-to-date, primarily due to increased real estate development expenditures and tax payments[4]. - Cash inflows from operating activities for the first nine months of 2023 reached ¥10,555,856,095.50, compared to ¥9,309,121,952.42 in the same period of 2022, marking an increase of 13.4%[15]. - The net cash flow from operating activities for Q3 2023 was ¥118,806,948.55, a decrease from ¥806,053,169.30 in Q3 2022[16]. - The total cash and cash equivalents at the end of Q3 2023 were ¥1,659,524,999.65, down from ¥2,163,624,618.33 at the end of Q3 2022, indicating a decrease of 23.2%[17]. - The company reported a net cash outflow from financing activities of ¥264,355,006.56 in Q3 2023, compared to an outflow of ¥177,199,645.19 in Q3 2022[17]. - The cash inflow from financing activities in Q3 2023 included ¥330,130,300.00 from bond issuance[16]. - The cash outflow for investing activities in Q3 2023 was ¥128,726,913.61, down from ¥240,654,264.73 in Q3 2022, showing a decrease of 46.5%[16]. - The company received tax refunds amounting to ¥2,466,613.19 in Q3 2023, compared to ¥129,633.97 in Q3 2022, reflecting a significant increase[16]. Operational Metrics - Accounts receivable decreased by 49.13% at the end of the reporting period, mainly due to a reduction in receivables from sales[3]. - Inventory increased by 36.15% at the end of the reporting period, primarily due to rising costs in real estate development[3]. - Research and development expenses for the current period decreased by 65.85% year-on-year, indicating a reduction in R&D spending[3]. - The weighted average return on equity increased by 0.725 percentage points year-to-date, reaching 6.639%[2]. - The company reported a 122.24% increase in investment income for the current period, driven by higher returns from joint ventures[3]. - Current assets totaled CNY 4,661,702,300.88, slightly up from CNY 4,522,185,708.24 at the end of 2022, marking an increase of 3.1%[8]. - Inventory increased significantly to CNY 2,135,704,352.09 from CNY 1,568,666,864.44, reflecting a growth of 36.1%[8]. - Accounts receivable decreased to CNY 350,725,914.48 from CNY 689,508,362.03, a decline of 49.2%[8]. - Long-term equity investments rose to CNY 208,609,210.70 from CNY 177,647,473.99, an increase of 17.4%[8]. - The company reported a decrease in financial expenses to CNY 2,409,360.18 from CNY 11,321,231.57, a reduction of 78.7%[12].